Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

Strong Downtrend (-100) - SEKCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKCHF continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SEKCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKCHF
Open High Low SEKCHF Price Change
8.01835 8.03415 8.00250 8.01980 +0.00145
Entry Signal

MarketClub’s Trade Triangles for SEKCHF

long term down The long-term trend has been DOWN since Jul 25th, 2024 at 8.1727

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2024 at 8.2115

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 8.0695

Smart Scan Analysis for SEKCHF

Based on our trend formula, SEKCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.01835 8.03415 8.00250 8.01980 +0.00145
Prev. Close Volume Bid Ask Time
8.01835 2024-11-21 06:28:53
Get a free daily analysis and signals for Swedish Krona/Swiss Franc (SEKCHF) - Request Your Free Report.